Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets

Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)

Mangalam Drugs trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2025-01-02 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 34627

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	120.77	122.20	123.00	118.60	0.984 times
01 Wed Jan 2025	119.70	115.48	124.89	115.48	3.655 times
31 Tue Dec 2024	115.48	119.50	119.50	114.10	0.588 times
30 Mon Dec 2024	117.84	114.10	119.98	114.09	1.516 times
27 Fri Dec 2024	113.73	114.89	114.89	112.68	0.242 times
26 Thu Dec 2024	113.63	113.80	113.85	112.01	0.299 times
24 Tue Dec 2024	111.44	117.85	117.85	111.00	0.887 times
23 Mon Dec 2024	114.61	116.90	117.49	113.69	0.547 times
20 Fri Dec 2024	114.76	116.71	119.42	114.01	0.702 times
19 Thu Dec 2024	116.36	115.10	117.21	113.65	0.683 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 120.2, but if it comes below 120.2, then a intra day sell could be more profitable.
If you take a sell trade below 120.2, then use 120.2 as stoploss and 117.42 as target. However if you take a buy trade in stock , then use 120.2 as stoploss and 123.6 as target.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	103.00
Downside Target	111.00
Downside Target	113.65
Downside Target	117.85
Upside Target	124.78
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01
Upside Target	130.85
Upside Target	140.50

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	114.94
Downside Intraday Target	109.12
Upside Intraday Target	125.74
Upside Intraday Target	130.72
Downside Intraday Target	119.92

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	120.77	114.10	124.89	114.09	3.414 times
27 Fri Dec 2024	113.73	116.90	117.85	111.00	0.281 times
20 Fri Dec 2024	114.76	116.10	124.89	113.65	1.592 times
13 Fri Dec 2024	117.41	122.35	124.78	113.80	0.448 times
06 Fri Dec 2024	120.98	123.75	126.52	119.00	0.333 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Drugs (MANGALAM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	120.77	115.48	124.89	115.48	0.183 times
31 Tue Dec 2024	115.48	123.75	126.52	111.00	0.713 times
29 Fri Nov 2024	122.13	112.75	128.01	103.55	2.281 times
31 Thu Oct 2024	111.67	127.94	130.85	103.00	0.296 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mangalam Drugs (MANGALAM)

Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mangalam Drugs stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mangalam Drugs in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mangalam Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Drugs in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mangalam Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 117.39 and Mangalam Drugs (MANGALAM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.

Mangalam Drugs Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.